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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 05, 1940
Page
12
Dr. Anderson outlines basic reforms for federal and state taxes including income tax changes and a value added by manufacture levy. He urges revisions of income estates profits and gifts taxes with credits to participating states to stabilize both wartime preparedness and peacetime economies. A synthetic rubber gasoline rose nozzle aims to reduce static electricity sparks during plane fueling.
Santa Claus will hand out 4000 candy bags at Railroad park after a song festival in Louisiana Tech auditorium. The Ruston Chamber of Commerce and Tech officials coordinate the event with parish schools given half-holidays and bus transportation to Ruston for the program. Awards honor school participation and largest proportional representation.
Twenty five years ago today on December 5 1915 news reports say Austrian and German forces occupy Monastir. The development marks a significant advance in World War I theater with Allied positions under pressure in the Balkans.
Curentul in Bucharest declares Germany expects smaller European nations to lend troops and territory to the Axis for a spring campaign across Bulgaria Yugoslavia Greece and toward the Middle East. Romania expropriates Standard Oil assets and seizes Danube vessels to aid wartime needs amid oil production declines.
A training plane used by CAA instructors at Selman field sustained heavy landing gear damage and a broken propeller after a student pilot attempted a forced landing. Instructor Leroy Severance said no injuries occurred and the plane would be ready for service today.
A U S secret service agent disclosed that Gus Grayson, 38, was arrested in Monroe after teaching two men the counterfeiting trade at 115 Adams Street. Four counterfeiting molds were seized and Grayson jailed in Ouachita parish. He previously served time for counterfeiting and faces up to ten years per mold.
Wilmer Leonardtown Maryland 14 year old Wilmer Knight shot one time and bagged two squirrels and a hickory nut. One squirrel had the nut in its mouth.
Rear Admiral J H Vowers urged faster aviation development while expanding wartime production. He warned neglect could leave US planes inferior to foreign designs as the Navy seeks more funds and facilities for experiments amid a new competitive period in combat aircraft.
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